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SE Asia Stocks-Fall on fresh trade war fears

* Singapore shares down for third straight session

* Indonesia declines over 1 pct to one-week low

By Sumeet Gaikwad

Aug 31 (Reuters) - Southeast Asian stock markets fell on

Friday, in line with broader Asia, after a report that U.S.

President Donald Trump was preparing to step up a trade war with

Beijing and ready to impose more tariffs on Chinese imports.

Bloomberg reported that Trump said he was ready to impose

more tariffs on $200 billion worth of goods from China as soon

as the public comment period on the plan ends next week.

Trump also threatened to withdraw from the World Trade

Organization if "they don't shape up," in his latest criticism

of the institution.

MSCI's broadest index of Asia-Pacific shares outside Japan

slid 0.74 percent.

Indonesian shares fell over 1 percent to a one-week

low, weighed down by losses across the board, but were poised to

post a monthly gain.

Consumer products maker Unilever Indonesia and

conglomerate Astra International declined over 2

percent each.

An index of the country's 45 most liquid stocks

was down 1.5 percent.

Philippine shares declined 0.9 percent, dragged by

real estate and industrial stocks.

Blue chips SM Prime Holdings and Ayala Land

fell 2 percent and 1.6 percent, respectively.

Singapore shares slipped for a third consecutive

session and were set to post a monthly drop.

Financials were a drag with top lender DBS Group Holdings

shedding as much as 1.6 percent to a six-month low.

Thai shares fell for a second straight session,

weighed down by losses in consumer staples and industrials,

ahead of July trade data.

CP All slipped 1 percent, while Airports of

Thailand dropped 0.8 percent.

Malaysian markets were closed for a holiday.

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Change on the day

Market Current Previous close Pct Move

Singapore 3220.1 3225.72 -0.17

Bangkok 1714.84 1720.43 -0.32

Manila 7779.84 7853.16 -0.93

Jakarta 5951.148 6018.964 -1.13

Ho Chi Minh 997.63 998.07 -0.04

Change on year

Market Current End 2017 Pct Move

Singapore 3220.1 3402.92 -5.37

Bangkok 1714.84 1753.71 -2.22

Manila 7779.84 8558.42 -9.10

Jakarta 5951.148 6355.654 -6.36

Ho Chi Minh 997.63 984.24 1.36

(Reporting by Sumeet Gaikwad in Bengaluru; Editing by

Subhranshu Sahu)